Natural resource sector FDI, government policy, and
Liberia's Ministry of Planning and Economic Affairs estimated that the country's six major iron ore concessions would together generate only $129 million of government revenue …
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Western Cluster to Invest US$2bn in Liberian …
Sesa Goa Iron Ore, a Vedanta Group company, is engaged in exploration, mining and processing of iron ore. The company was founded in 1954, as Scambi Economici SA Goa. Since then, it has grown to be one …
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The case of Liberia's western cluster iron ore …
However, Delta Mining Consolidated's reputation in Liberia was tarnished after a scandal emerged around its bid for the Western Cluster iron-ore concession. The company was alleged to have paid kickbacks to the late …
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Prosperity or Plunder: The Case of Liberia Western Cluster …
Western Cluster Limited, a subsidiary of Vedanta Iron & Steel, requested the government of Liberia to cancel its $23.5 million debt it incurred more than 12 years ago due …
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Regulatory Reform in the Liberian Mining Sector: Striking the …
Liberia, like many African countries, is updating its minerals and mining law. Why update the law now? Liberia is a resource-rich country that is endowed with considerable …
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Liberia: ArcelorMittal & Solway Mining Entangled In Bitter …
Multinational steel giant ArcelorMittal and Solway Mining Inc., a lesser-known player, are locked in a high-stakes battle over iron ore deposits in Liberia. The dispute has led …
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Regulatory Reform in the Liberian Mining Sector: Striking the …
Liberia is a resource-rich country that is endowed with considerable natural resources, including iron ore, gold, diamond, etc. We currently boast four iron ore concessions …
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Security Concerns Mount as Boima Morgan Leads …
According to maps and diagrams of the area, SOLWAY is encroaching upon the Blei Concession area, totaling 5574 hectares, which was tied to the claim during the Sirleaf era …
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Elenilto play follows Liberia controversy | African Energy
In February 2010, Elenilto was awarded a 25-year licence for the Western Cluster iron ore concession in Liberia. Critics complained that Elenilto had no technical expertise in iron ore …
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Liberia: Sable Mining, Andrew Groves Reinventing Wheel
Monrovia – Shortly after a Global Witness report linked Andrew Groves and Sable Mining Africa Ltd to a 2016 allegation that it bribed key Liberian government officials in a bid to …
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CHINA'S BAOWU SHIPS IRON ORE FROM LIBERIA
Since then, the iron ore concession – the area where the ore mining was done – only boasts of idle machines gathering rust. The company, according to its management, had to close due to the fall in the global price of …
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Allegations Of Corruption Emerge In Boakai's
Liberia – The administration of President Joseph Boakai is facing serious allegations of corruption as a controversial scheme to sell the Putu Mountain iron ore …
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ArcelorMittal signs landmark agreement with Government of Liberia …
"The expansion of mine, processing, rail and port facilities is the largest iron ore project in West Africa and will draw international attention to Liberia as an attractive country to invest in. The …
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Liberia: Government Puts ArcelorMittal in Check over Port …
National benefits. The Government of Liberia expects mining to support the Liberia Rising 2030 plan, and the Nimba Western Range Iron Ore Project is the flagship for the sector. …
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ArcelorMittals iron ore mining, Liberia
Under its agreement with the Government of Liberia, negotiated in 2005 (a re-negotiated contract was signed in 2006), the worlds largest steel producer ArcelorMittal …
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"Eminent Economic Danger" -EU Ambassador Warns If …
The European Union Ambassador to Liberia has warned of an eminent economic danger if the Liberian Government fails to reach an agreement on
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Liberia
Liberia's extractive sector – comprised of mining, oil and gas, forestry and agriculture – is the mainstay of the country's economy, contributing 56.61% of national GDP in 2022. The mining sector is primarily driven by the …
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Liberia News: Protests Escalate In Nimba
According to maps and diagrams of the area, SOLWAY is encroaching upon the Blei Concession area, totaling 5574 hectares, which was tied to the claim during the Sirleaf era …
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Liberia: Solway Was Given Concession Previously Revoked by …
MONROVIA – A FrontPageAfrica investigation has found that SOLWAY Mining Group, a Swiss-based mining company with a registered subsidiary in Liberia, would likely …
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Security Concerns Mount as Solway's Boima Morgan Leads …
According to maps and diagrams of the area, SOLWAY is encroaching upon the Blei Concession area, totaling 5574 hectares, which was tied to the claim during the Sirleaf era …
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LIBERIA: POVERTY IN THE MIDST OF PLENTY HOW …
Iron Ore Mining (or Putu) concessions. These particular concessions levy more investment dollars than any other concessions in Liberia, and they are the only companies that have started …
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National Bureau of Concessions (NBC)
Status of Concessions in Liberia No Name of Concession Activity Effective Date End Date Duration (yrs.) ... 1 ArcelorMittal Liberia Ltd. Iron Ore May 16, 2007 May 15, 2032 25yrs May …
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Putu Iron Ore Mining, Inc., Mano River Iron Ore, Ltd., Concession…
Putu must pay a royalty of: 4.5% for iron ore, 3% for gold and other base metals or 5% for commercial diamonds, which is then multiplied by the fair market value; Fair market …
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The List: Meet Witnesses That Could Decide Fate of
The report, dubbed The Deceivers showed how in 2010 Sable hired Sherman in an effort to secure one of Liberia's last large mining assets, the Wologizi iron ore concession in …
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Reforming Liberia's Mining Sector Post-Ebola
Six iron ore concessions have been signed in Liberia since the end of armed conflict in 2003, with an estimated value of $13 billion. According to a 2011-2012 report by the Liberia Extractives Industry Transparency Initiative …
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The case of Liberia's western cluster iron ore …
Not only was the deal irregular and highly suspicious but the total $123.5 million Sesa Goa Limited, a subsidiary of Vedanta Resources Plc that acquired Western Cluster Limited, paid for one of the largest remaining iron …
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ArcelorMittals iron ore mining, Liberia
It was the first of a number of big investments in Liberias iron ore sector, seen as a trendsetter for investors that followed. Under its agreement with the Government of Liberia, …
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Liberia: Expert Analysis Uncovers Deception, Government …
Monrovia, Liberia – The Framework Agreement between High Power Exploration (HPX), a U.S.-based mining company, and the Government of Liberia executed on March 30, …
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sbm/sbm iron ore concession canceled liberia 2012.md at …
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Liberia: SOLWAY Was Given Concession Previously Revoked …
Monrovia — A FrontPageAfrica investigation has found that SOLWAY Mining Group, a Swiss-based mining company with a registered subsidiary in Liberia, would likely lose in its battle …
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